FirmaIQ
Org.nr 980 708 942 2017 → 2018 Year-over-year analysis

AD2R HOLDING AS: årsregnskap 2018 vs 2017

Grew 10% on revenue

approved 2019-06-30; registry 2019-07-31; journal 2019 829845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AD2R HOLDING AS. Revenue 7.99m NOK → 8.81m NOK (+10.2%). Net result +569.6k NOK → +548.7k NOK. Equity 1.09m NOK → 936.1k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AD2R HOLDING AS.

At a glance

Scorecard

Revenue
7.99m NOK 8.81m NOK
+10.2%
Operating result
+778.9k NOK +337.1k NOK
-56.7%
Net result
+569.6k NOK +548.7k NOK
-3.7%
Equity
1.09m NOK 936.1k NOK
-13.9%
Cash
155.8k NOK 516.2k NOK
+231.4%
Total assets
3.98m NOK 3.31m NOK
-16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.99m NOK to 8.81m NOK (+10.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 155.8k NOK → 516.2k NOK (+231.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.25m NOK → 3.19m NOK (41% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +778.9k NOK → +337.1k NOK (op. margin 9.7% → 3.8%). Calculated

  • ↓

    Equity eroded

    Book equity 1.09m NOK → 936.1k NOK (equity ratio 27.3% → 28.3%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.26m NOK → 3.57m NOK (+57.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 605.4k NOK → 641.5k NOK. Reported fact